Bengal Marines Private Limited
About Bengal Marines Private Limited
Data last updated:
Bengal Marines Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 25 February 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U05001TN1981PTC008641. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20.1 Lakh. It is led by directors Maijo Joseph (Managing Director) and Rita Joseph.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 2 – B Apex Plaza No5Nungambakkam High Road Chennai 600 034, Tamil Nadu, India – 600034.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.84 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹5.98 Lakh (net margin -3.3%) and EBITDA of ₹38.61 Lakh (EBITDA margin 21%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 15% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹43.3 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Bengal Marines Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address2 – B Apex Plaza No5Nungambakkam High Road Chennai 600 034, Tamil Nadu, India – 600034
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Bengal Marines Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Bengal Marines is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Bengal Marines Private Limited, buy the company report.
Financials of Bengal Marines Private Limited
FY 2022 filings availableBengal Marines Private Limited reported revenue of ₹1.84 Cr (up 6% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 6% growth in the latest year. EBITDA fell 69% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹38.61 Lakh | ||||
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| Net Profit (PAT) | -₹5.98 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 21% | ||||
| Net Profit Margin | -3.3% | ||||
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To see the full financial statements and ratios of Bengal Marines Private Limited, buy the company report.
Board of directors of Bengal Marines Private Limited
Bengal Marines has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maijo Joseph Also directs: George Maijo Agro Products Limited, George Maijo Exports Private Limited, Maijo Exports Limited and 3 more | Managing Director | 01 Jun 2005 | 21 Years 4 Months | Current |
| Rita Joseph Also directs: George Maijo Agro Products Limited, George Maijo Exports Private Limited, Maijo Exports Limited and 1 more | Director | 25 Feb 1981 | 45 Years 8 Months | Current |
Peer comparison
Bengal Marines Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Santacruz Realtors Private Limited | ₹1.85 Cr (FY 2018) | 1.0% | Mumbai, Maharashtra, India | |||
| Step Up Infra Private Limited | ₹1.84 Cr (FY 2024) | 63.0% | Gurgaon, Haryana, India | |||
| Bengal Marines Private Limitedthis company | ₹1.84 Cr (FY 2022) | -₹5.98 Lakh | -3.3% | 6.0% | 5 | Chennai, Tamil Nadu, India |
| JKM (Indore) Realty Private Limited | ₹1.84 Cr (FY 2025) | 15.0% | Indore, Madhya Pradesh, India | |||
| I. C. Construction & Services Limited | ₹1.84 Cr (FY 2025) | 108.0% | New Delhi, Delhi, India |
To see the full peer comparison of Bengal Marines Private Limited, buy the company report.
Auditor
Bengal Marines Private Limited is audited by RANGAMANI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RANGAMANI & CO | FY 2021 | 003050S |
Shareholding
The shareholding of Bengal Marines Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bengal Marines Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2023 | 100738455 | Yes Bank Limited | ₹31.4 Cr | Open | |
| 12 Dec 2022 | 100657480 | Others | ₹5 Cr | Open | |
| 01 Sep 2017 | 100155604 | Others | ₹5 Cr | Open | |
| 13 Sep 1988 | 90307127 | State Bank of India | ₹20 Lakh | Open | |
| 09 Mar 1988 | 90307094 | State Bank of India | ₹75 Lakh | Open |
Total charge records: 7 View all charges
Legal cases
Bengal Marines Private Limited has 9 court cases on record: 3 filed by Bengal Marines, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 6 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Civil suit | Filed against the company by Commr. of Income Tax-I, | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed against the company by Commissioner of Income Tax | Disposed |
| High Court, TAMIL NADU | Court case (TCMP) | Filed against the company by Commissioner of Income Tax | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed against the company by The Commissioner of I.T., | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Bengal Marines Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bengal Marines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bengal Marines Private Limited has a workforce of 5 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Bengal Marines has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bengal Marines Private Limited, buy the company report.
Recent activity
Bengal Marines Private Limited has 2 board changes on record since 1981: 2 appointments. The latest: Maijo Joseph was appointed as Managing Director on 01 Jun 2005.
Frequently asked questions
Bengal Marines is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate financing, within the financial services industry. It was incorporated on 25 February 1981 (45+ years old) and is registered under CIN U05001TN1981PTC008641.
Bengal Marines has 2 current directors:
- Maijo Joseph - Managing Director
- Rita Joseph - Director
The latest financial statements of Bengal Marines on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Bengal Marines has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Bengal Marines is U05001TN1981PTC008641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bengal Marines has 9 court cases on record: 3 filed by the company and 6 filed against it.
Bengal Marines was incorporated on 25 February 1981, making it 45+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Bengal Marines by revenue are Santacruz Realtors Private Limited, Step Up Infra Private Limited, JKM (Indore) Realty Private Limited, I. C. Construction & Services Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Maijo Joseph was appointed as Managing Director on 01 Jun 2005. Rita Joseph was appointed as Director on 25 Feb 1981.
The registered office of Bengal Marines is at 2 – B Apex Plaza No5Nungambakkam High Road Chennai 600 034, Tamil Nadu, India – 600034.
Bengal Marines operates in the financial services industry, in the real estate financing segment.
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